May 29, 2025 9:49 am
Spot Silver surged almost 1% on Thursday, reversing the loss from the prior trading day and diverging from other precious metals such as Gold amid easing trade-related uncertainty. The US Court of International Trade found that President Trump had exceeded his authority to impose reciprocal tariffs. By the Trade Court’s order, the measures will have […]
Read moreMay 29, 2025 6:52 am
Spot Gold hovered above a fresh 1-week low of $3,245.56 on Thursday, as diminished tariff risks undermined safe-haven demand. The US Court of International Trade found that President Trump had exceeded his authority to impose reciprocal tariffs. By the Trade Court’s order, the measures will have to be vacated and permanently blocked. The Court’s decision […]
Read moreMay 28, 2025 2:47 pm
Key Moments: US natural gas futures jumped over 8% on Wednesday, reaching levels unseen in weeks. Gas production across the Lower US states hit 105.0 billion cubic feet per day (bcfd), a decline from last month’s 105.8 bcfd. Natgas demand is expected to rise due to upcoming temperature spikes. Futures Climb on Bullish Forecasts US […]
Read moreMay 28, 2025 9:01 am
Spot Silver held above the $33.00 mark on Wednesday, following a loss in the prior trading day, ahead of the FOMC minutes release. Yesterday the white metal retreated over 0.5%, as the US Dollar rebounded from a one-month low and risk sentiment improved, weighing on safe-haven metals. US consumer sentiment rebounded sharply in May, with […]
Read moreMay 28, 2025 6:45 am
Spot Gold held mostly steady near the $3,300 mark on Wednesday, following a steep loss in the prior trading day, ahead of the FOMC minutes release. Yesterday the yellow metal retreated more than 1%, as the US Dollar rebounded from a one-month low and risk sentiment improved, weighing on safe-haven metals. US consumer sentiment rebounded […]
Read moreMay 27, 2025 9:03 am
Spot Silver retreated more than 1% on Tuesday, tracking losses in other precious metals, as the US Dollar rebounded from a one-month low, while anxiety over the US fiscal outlook persisted. The US Dollar Index bounced off 98.694, a level not seen since April 22nd, being last up 0.40% to 99.323. A firmer dollar makes […]
Read moreMay 27, 2025 7:01 am
Spot Gold drifted lower on Tuesday, but held not far from a 2-week high of $3,366.00, as soft US Dollar and concerns over the US fiscal outlook were providing support. “At this point, we are seeing some consolidation in gold prices. The market is taking a breather and waiting for the next catalyst,” Kelvin Wong, […]
Read moreMay 26, 2025 9:41 am
Spot Silver pulled back from a 1-month high of $33.70 on Monday, as US President Donald Trump set a July 9th deadline for reaching a trade agreement with the EU. The white metal rose over 1% last Friday, after Trump announced that he was recommending a flat 50% tariff on all products imported from the […]
Read moreMay 26, 2025 7:05 am
Spot Gold eased from a 2-week peak of $3,366.00 on Monday, as US President Donald Trump set a July 9th deadline for reaching a trade agreement with the EU. The yellow metal rose almost 2% last Friday, after Trump announced that he was recommending a flat 50% tariff on all products imported from the European […]
Read moreMay 23, 2025 10:28 am
Key Moments: Brent crude and WTI each dropped 0.1% on Friday, putting both on track for their first weekly loss this month. OPEC+ is weighing a July production hike of 411,000 barrels per day. US crude inventories increased and storage demand surged, pressuring oil prices Crude Steps Back as Supply Concerns Build Oil prices fell […]
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